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Fanny Del Socorro
Ms. Fanny del Socorro B. is 47 years old. She lives in the Hialeah neighborhood with her husband and their two children, who are in school. The family's plans are to finish building their house. Their business is a cyber cafe, which they've had for the past 4 years. It is a profitable business, as the internet is used to search for many things.

This loan is Fanny's 4th loan with Afodenic, and she will use it to purchase materials to build a concrete wall and improve her family's living conditions. She gives thanks to Afodenic for the benefits she has received to improve her home.
View original language description ↓
La señora Fanny del Socorro B. tiene la edad de 47 años de edad, reside en el barrio Hialeah, casada y con dos hijos, los cuales ambos estudian. Los planes para su familia es poder terminar de construir su casa, su negocio es un cyber que desde hace cuatro años lo administra, pues es un negocio rentable ya que ahora con la tecnología casi todo es buscado en Internet. Con este préstamo es su cuarto ciclo en Afodenic el cual lo quiere para infraestructura en la compra de materiales de construcción para hacer una pared de concreto y poder estar en mejores condiciones con su familia, da las gracias a la institución por los beneficios adquirido en mejoras de su vivienda.

Additional Information


This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fanny Del Socorro to purchase materials to build a concrete wall.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jun 5, 2009
Jun 7, 2009
Currency Exchange Loss:
Apr 15, 2010